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3232Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
https://www.digit.info/paxos-receives-wells-notice-from-sec-nydfs-orders-issuer-to-stop-minting-busd/
Mon, 13 Feb 2023 12:03:11 +0000https://www.digit.info/2023/02/13/paxos-receives-wells-notice-from-sec-nydfs-orders-issuer-to-stop-minting-busd/Read more]]>According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its […]
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its […]